Alaska Air, Hawaiian deal advances as DOJ ends antitrust review
) and Hawaiian Airlines have cleared a major hurdle in their proposed merger as the U.S. Department of Justice has concluded its antitrust review without raising objections. This brings the two carriers closer to combining their operations.
Both airlines have expressed confidence in securing the necessary permits and have outlined plans for maintaining Hawaiian Airlines’ brand, preserving jobs, and expanding service options for Hawaii residents. With the DOJ review concluded, the next major step is obtaining approval from the DOT for an interim exemption application.
The combined airline is expected to offer expanded domestic and international connectivity, benefiting both residents and tourists.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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